The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Axis Bank for its Dohlron branch in Hoshiarpur, Hoshiarpur, Punjab, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Axis Bank located in Hoshiarpur or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code UTIB0002123. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, Dohlron, Hoshiarpur
Here are some of the key details that come with the IFSC Code UTIB0002123 of Axis Bank for its branch located in Hoshiarpur, within the district of Hoshiarpur in the state of Punjab.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0002123 |
| Branch | Dohlron |
| City | Hoshiarpur |
| District | Hoshiarpur |
| State | Punjab |
| Address | Ground Floor,Village Dohlron-146105, Tehsil Garhshankar, Distt.Hoshiarpur, Punjab,Hoshiarpur 146105 |
These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Hoshiarpur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002123 for the Dohlron branch of Axis Bank plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Axis Bank located in Dohlron, Hoshiarpur, Punjab, are given a unique IFSC like UTIB0002123 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Hoshiarpur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Hoshiarpur and Hoshiarpur.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Axis Bank in Dohlron goes to the correct branch. This is important because Axis Bank has thousands of branches in Punjab and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code UTIB0002123
The format of the IFSC Code for banks, including Axis Bank, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Axis Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Dohlron in Hoshiarpur.
For example, the IFSC Code UTIB0002123 of Axis Bank for the Dohlron branch includes these elements, identifying the bank and the branch location in Hoshiarpur and Punjab correctly.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0002123 of Axis Bank for its Dohlron branch located in Hoshiarpur, the following methods can help you out:
Cheque Book
The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Axis Bank branches in Hoshiarpur and Hoshiarpur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Axis Bank and go to the branch locator section. Then search for Dohlron or Hoshiarpur to find the exact IFSC Code UTIB0002123.
Mobile Banking App
If you use Axis Bank's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes. Searching for Axis Bank and Hoshiarpur will provide accurate information.
How to Use IFSC Code UTIB0002123 for Online Transfers?
Once you have the IFSC Code UTIB0002123 for the Dohlron branch of Axis Bank in Hoshiarpur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0002123. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Axis Bank IFSC Code UTIB0002123.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Dohlron in Hoshiarpur, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Axis Bank in Dohlron, here are some ways to obtain it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Axis Bank website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Hoshiarpur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0002123.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ground Floor,Village Dohlron-146105, Tehsil Garhshankar, Distt.Hoshiarpur, Punjab,Hoshiarpur 146105 located in Hoshiarpur, Hoshiarpur, Punjab.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.